Japan Tob (OTCMKTS:JAPAY) Short Interest Up 403.6% in August

Key Points

• Japan Tob (OTCMKTS:JAPAY) experienced a significant increase in short interest of 403.6% in August, rising from 8,400 shares to 42,300 shares.
• The company reported earnings of $0.32 per share, surpassing analysts' expectations of $0.25, with a net revenue of $6.03 billion.
• Japan Tob has a market capitalization of $56.11 billion and a current ratio of 1.78, indicating solid financial health.

Japan Tob (OTCMKTS:JAPAY - Get Free Report) was the recipient of a large increase in short interest in August. As of August 15th, there was short interest totaling 42,300 shares, anincreaseof403.6% from the July 31st total of 8,400 shares. Based on an average daily trading volume, of 546,900 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 546,900 shares, the short-interest ratio is currently 0.1 days.

Japan Tob Stock Performance

Shares of JAPAY stock traded up $0.15 during trading hours on Friday, reaching $16.03. 18,466 shares of the company traded hands, compared to its average volume of 45,865. Japan Tob has a 12-month low of $11.91 and a 12-month high of $16.92. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.78 and a quick ratio of 1.25. The company has a market cap of $56.93 billion, a P/E ratio of 17.62 and a beta of 0.36. The firm has a 50-day moving average price of $15.27 and a 200 day moving average price of $14.69.

Japan Tob (OTCMKTS:JAPAY - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.07. The company had revenue of $6.03 billion for the quarter, compared to the consensus estimate of $896.47 billion. Japan Tob had a return on equity of 12.21% and a net margin of 14.55%.

About Japan Tob

Japan Tobacco Inc, a tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally. The company operates through three segments: Tobacco Business, Pharmaceutical, and Processed Food. It offers tobacco products, such as cigarettes, heat-not-burn tobacco products, E-vapor products, fine cut tobacco products, cigars, pipes, smokeless tobacco products, and hookah and kretek products.